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International monetary fund deflation determinants risks and policy options findings of an interdepartmental task force1 approved by kenneth rogoff. An interdepartmental task force investigated issues related to the causes and consequences of deflation the conjunctural risks in individual economies and . Deflation can be costly and difficult to anticipate and concerns of a generalized decline in prices in both industrial and emerging market economies have increased . Read deflation determinants risks and policy options by taimur mr baig with rakuten kobo deflation can be costly and difficult to anticipate and concerns of a . the risk of deflation globally and in determinants and costs of deflation and examine previous episodes determinants risks and policy options